A banking collapse on the Mediterranean island of Cyprus has been avoided, but the bailout plan is going to be painful for many bank customers there. Stavros Zenios, a professor of finance at the University of Cyprus in Nicosia, outlines the plan.

Economists study something called purchasing power parity. Basically, how far will a dollar go in Argentina, Italy, or the US? They gauge this by looking at a comparable basket of goods and services across nations.

A controversial new study out of Yale concludes that people who speak languages without future verb tenses like Chinese are better at preparing for the future than people who use a future tense like in English, French, and Spanish for example.

A former Swiss banker facing charges back home says he has details on 2,000 account holders who allegedly are evading taxes. The former banker says he wants to reveal all, but he's doing it through WikiLeaks. The World's Laura Lynch reports from London.

Some insurance companies are offering microinsurance for the poor, especially for health matters, meant to protect the poor against financial disasters caused by illness, death or crop failure. Reporter John Otis has the story from Barranquilla, Colombia.

A controversial new study out of Yale concludes that people who speak languages without future verb tenses like Chinese are better at preparing for the future than people who use a future tense like in English, French, and Spanish for example.

The World's Matthew Bell reports that the globe's leading central banks -- led by the U-S Federal Reserve -- have pumped billions of dollars into credit markets, hoping to restore confidence in the global economy.

Nerves frayed further today on Capitol Hill and on Wall Street, as lawmakers continued to wrangle over rescue package for the nation's cash-strapped banks. Host Marco Werman gets the latest from John Authers of the Financial Times.

Anchor Katy Clark talks with international economist Adam Posen of the Peterson Institute. He says a global recession is coming -- but the United States is better placed to ride it out than other countries.

On the Pacific Island of Yap, you can't exactly keep change in your pocket when dealing in the local currency. It's stone and up to twelve feet across. Its origins go back millennia. The money is still used. From PRI's The World.

As the U.S. bailout plan stumbles on Capitol Hill, European banks are suffering from their exposure to the U.S. crisis. The World's Laura Lynch reports that governments in Europe have had to intervene with bailouts of their own.

A controversial new study out of Yale concludes that people who speak languages without future verb tenses like Chinese are better at preparing for the future than people who use a future tense like in English, French, and Spanish for example.

Economists and analysts track just about everything to gauge how the economy is doing. Some analysts just focus on one product- can we really learn how the economy is doing by looking in our underwear drawers? The World's Jason Margolis reports.

Economists study something called purchasing power parity. Basically, how far will a dollar go in Argentina, Italy, or the US? They gauge this by looking at a comparable basket of goods and services across nations.

The World's Matthew Bell reports that the globe's leading central banks -- led by the U-S Federal Reserve -- have pumped billions of dollars into credit markets, hoping to restore confidence in the global economy.

Nerves frayed further today on Capitol Hill and on Wall Street, as lawmakers continued to wrangle over rescue package for the nation's cash-strapped banks. Host Marco Werman gets the latest from John Authers of the Financial Times.

Anchor Katy Clark talks with international economist Adam Posen of the Peterson Institute. He says a global recession is coming -- but the United States is better placed to ride it out than other countries.